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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (55433)	10/7/1998 11:46:00 AM
From: thebeach	Read Replies (2) \| Respond to of 61433

Hi Tim,I think you are right off your rocker.70 bucks is no way too much.

To: Tim Luke who wrote (55433)	10/7/1998 12:16:00 PM
From: gbh	Read Replies (2) \| Respond to of 61433

mory is doing fine so what's the rush to sell the company??? Tell that to Patrick Nettles, CEO of CIEN. He waited about 2 months too long to sell his company. The time to sell is when things are good, not when things are bad. Gary

To: Tim Luke who wrote (55433)	10/7/1998 10:31:00 PM
From: James A. Venooker	Read Replies (3) \| Respond to of 61433

Dear Tim, There is one hell of a gap between 50 and 70, wouldn't you agree? Mory is stubborn, but not stupid. Tech shareholders are out for blood, so why should Mory sit on the hot seat when he can have a cushy better paying, less stressful, future with LU? I think ASND's bottom is 34, it has shown key resistance at this price, and I believe it will continue to do so. All things considered, Nasdaq has virtually collapsed, correcting by as much as 25% of its high of 2000. .25 x 50 (ASND's price before hell broke loose) is 37.50, what a coincidence. As we both agree ASND is strong long term, and maybe ripe short term. regards, Jamie